Authors: Hyunkyo Yu, Sujeetha Selvakkumaran, Erik O. Ahlgren.
Publication date: 2022

This study adopts a System Dynamics approach and presents a model of technological diffusion of 203 detached houses in a residential area of the Danish municipality Lyngby-Taarbæk. Three factors (cost, learning effect, and trust) are analyzed to investigate how fast the technological transition will happen, the important factors affecting the transition, and policy implications.